Here’s why Donald’s Trump's ‘Drill, Baby, Drill’ plan may not be able to fix gas prices and inflation
This catchphrase is central to his plan to lower gas prices and tackle inflation, which he blames on the Biden administration's energy policies.
However, experts are casting doubt on the effectiveness of this approach in the current economic landscape.
Trump’s Energy Strategy
Trump’s energy plan includes expediting the approval of drilling permits, a process that averaged 258 days under the Biden administration, and increasing drilling off U.S. coasts, as mentioned in a report by USA Today.
By boosting oil production, Trump believes he can reduce gasoline prices and ease transportation costs, which could help lower the prices of goods like groceries.
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